August 23, 2005
Attorney General Charlie Crist has announced that a Lake Worth, Fla. man has been sentenced to prison for defrauding a nationwide settlement fund intended to help cancer patients who overpaid for the cancer-fighting drug Taxol. Martti Antila, 61, received a …
August 23, 2005
Sandra Canas, 45, of Daly City, California was sentenced recently for workers’ compensation fraud. Canas was ordered to pay full restitution of $29,735, serve three months in jail, and three years probation, by Judge Hall at the County of San …
August 23, 2005
Selective Insurance Group Inc. announced the following executive appointments: John Marchioni (Andover, N.J.), to senior vice president of personal lines underwriting of Selective Insurance Company of America and vice president of Selective Insurance Group Inc. In his new role, he …
August 23, 2005
The Principal Financial Group is offering a new life product, Principal Universal Life (UL) Protector II, which provides guaranteed death benefit protection for individuals’ businesses or personal estates. Principal UL Protector II gives individuals choices in guaranteed death benefit protection …
August 23, 2005
American Family Insurance of Madison, Wisc., which insures about one of every four homes in Wisconsin, has $10.3 million in claims and expects that figure to increase to $12 million. American Family reported receiving 320 claims through yesterday afternoon. It …
August 23, 2005
Insurance companies formerly insuring Jacksonville, Fla. will pay $50 million, while the city will pay $25 million, in the $75 million settlement of a class-action lawsuit filed in 2003 by local residents. The city has settled the lawsuit, which now …
August 23, 2005
Texas Insurance Commissioner Mike Geeslin released a bulletin summarizing changes in enforcement procedures for the state’s workers’ compensation system that become effective Sept. 1, 2005. House Bill 7 (HB 7) sets forth the regulatory oversight and enforcement authority of the …
August 23, 2005
The state Appellate Court has upheld the license suspension of a Connecticut man identified as a repeat drunken driver after a driving under the infleunce of alcohol (DUI) conviction in Vermont. The appeals court rejected the arguments of Todd Spear, …
August 23, 2005
Massachusetts Attorney General Thomas F. Reilly will seek at least a 10 percent cut in the state’s auto insurance rate when he makes a formal recommendation later this month. Reilly said auto insurers enjoyed hefty profits at the expense of …